Ask Larry

Will I Receive The 2023 COLA?

I took early retirement at 62 in 2017. Will I receive the 2023 new COLA?

Hi. Yes. Everyone born prior to January 2 1961 will have the upcoming 8.7% cost of living (COLA) increase added to their Social Security retirement benefit rate regardless of whether or not they are drawing benefits.

Best, Jerry

Category: 
Cost Of Living Increases
Posted: 
Nov 10 2022 - 12:08pm
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